U.S. Charges Star Trader

By

Jean Eaglesham And

Evan Perez

Dec. 19, 2012 8:21 p.m. ET

Tom Alexander William Hayes was a star trader at UBS AG, generating almost $260 million in revenue for the Swiss bank in just over three years and helping to shape an entire trading market with his aggressive, high-value bets on yen interest rates, regulators said.